FOMO is Not Something Investors Should be Worried About in Today's Environment

The downside risks are now much higher than the upside potential given today's elevated valuation levels...and renewed geopolitical issues.

• Investors are much, much too complacent. The odds that we’ll see a significant rally from current levels have fallen significantly…..The downside risks have become much higher than the upside potential for the stock market. FOMO is something that investors should be much, much less worried about right now.